Question: A minor can avoid a contract to purchase a car if: Option A The car is a necessity. Option B The person is now 2

A minor can avoid a contract to purchase a car if:
Option A
The car is a necessity.
Option B
The person is now 21 years of age and has decided he or she no longer wants the car.
Option C
He or she grows tired of it and returns the car before the age of 18.
Option D
All the above.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

What is the definition of a contract? 2. The elements of a contract include all but the following element: a. Offer and acceptance. b. Consideration. c. Capacity. d. Promissory Estoppel. 3. What are...

Q:

Question 7 7. Which of the following is FALSE? Even if the offeror had very convincing evidence about what he really intended by what he said and/or did, the judge will probably not be swayed to rule...

Q:

In all but three states, today, a minor is someone under the age of 18. One of the oldest capacity limitations is the restriction that minors cannot enter into contracts unless they are voidable (or...

Q:

These are business Law questions. QUESTION 12 Following a year of record revenue generation, Produce Packaging Company promised that it would give a $1,000 bonus to each employee who was on the...

Q:

QUESTION 1 Rabbi Dave, who strictly follows Sabbath law, purchased a golf club online on Friday morning. His account was set to the default status, under which payment is made at the time of...

Q:

Questions Chap 1 1. Consider the following cases and decide whether criminal or civil proceedings would result, and make a note of the parties in the action. a) Ali is being prosecuted for careless...

Q:

Please solve these true or false questions __ 1. Polly Professor makes a contract to teach for Pittsburg State University for the 2021-22 academic year. After reaching for 5 months, she demands an...

Q:

Which of the following IS an example of a bargain purchase option in a lease? A. JJ Ltd leases a car for 4 years for $800 per month, with an option at the end of the four-year contract to purchase...

Q:

1. Saul orally agreed to sell Ramie some land for $500,000. Ramie paid Saul the $500,000; Saul gave Ramie the deed to the land. Ramie took possession of the land and began building a cabin on it. One...

Q:

Review Question 2. Why does the law treat minors differently than adults? Give examples of contracts that will be enforced even if a person has not attained the age of majority. 3.What is the key...

Q:

1. If Blades uses call options to hedge its yen payables, should it use the call option with the exercise price of $.00756 or the call option with the exercise price of $.00792? Describe the...

Q:

What form of DNA might you expect to see in desiccated (but viable!) brine shrimp eggs? Why?

Q:

You've decided to use the PHQ-9. If Terri scores a 17, what does this score indicate regarding the severity of her depression? What would be your immediate next steps based on this score, both...

Q:

A particle is moving in three dimensions and its position vector is given by; r(t) = (4, 4t + 2, 3t)i + (4, 5t - 2, 3)2 + (3, 3t + 3, 1t)k where r is in meters and t is in seconds. Determine the...